Polylactic Acid Market for 3D Printing - SITE LICENSE

The introduction of 3D printing technology has not only enhanced the efficiency of designing and production process on a large-scale in various industries, but it also led to more creativity amidst users such as hobbyists and students on a smaller scale. The research study highlights the potential of PLA material in the 3D printing industry and its consumption pattern across different segments. The favorable properties of PLA have given the users the opportunity to explore and innovate their products in multiple end-user industries such as automotive, healthcare, and food packaging. The growth of PLA is attributed to its bio-based origin, reliable properties, and cost-effectiveness as compared to that of the other materials that are used for 3D printing.

The global PLA market for 3D printing is estimated to witness growth at a CAGR of 19.30% over the period of 2018 to 2028. This growth in the market is attributed to the increasing demand from various end-use application verticals such as automotive industry, food packaging industry, healthcare, and household items.
The report is a compilation of different segments of the global polylactic acid market for 3D printing, including market breakdown by user type, diameter type, application, and region. Herein, the revenue generated from the user type (industrial, hobbyist, and education), diameter types (1.75 mm and 3 mm or 2.85 mm), application (automotive, food packaging, healthcare, household items and others) and regions (North America, Europe, Asia-Pacific, Middle East and Africa, and South America) are tracked to calculate the overall market size in terms of value ($million). While highlighting the key driving and restraining forces for this market, the report also provides a detailed summary of the global polylactic acid market for 3D printing. It also includes information on the key participants involved in the industry in the relevant sections.
Key questions answered in the report:
• What is the global polylactic acid (PLA) market size in terms of value and volume from 2017-2028, and what are the year-on-year growth rates and the CAGR from 2018 to 2028?
• What are the different user types that use PLA and their growth pattern in terms of value and volume for the forecast period?
• What are the major end-user industries for global PLA for 3D printing market in terms of revenue generation and consumption across different regions and countries?
• What is the consumption pattern of PLA for 3D printing market in different diameter range?
• Which are the major regions and countries that provide growth opportunities for the PLA market?
• What is the competitive strength of the key players in the PLA market on the basis of their recent developments, product offerings, and regional presence?
• Who are the key players (with their detailed analysis and profiles including their financials, company snapshots, key products and services, and SWOT analysis) in the market?
The report further includes a thorough analysis of the impact of the Porter’s Five Forces Analysis to understand the overall attractiveness of the industry. The most commonly used strategy for developing a better hold on the market has been product launches between the period August 2015 to March 2019. Moreover, the company profile section highlights significant information about the key companies involved along with their financial positions, key strategies, and developmental activities of recent years.
Further, the report includes an exhaustive region-wise analysis that includes an analysis of North America, Europe, Asia-Pacific (APAC), Middle East & Africa, and South America. Each region details the individual push and pull forces in addition to the information on the key players from that region. This report is a meticulous compilation of research on more than 100 players in the global PLA market and draws upon the insights from in-depth interviews with the key opinion leaders of more than 50 leading companies, market participants, and vendors. The report also profiles approximately 15 suppliers with their financial analysis, SWOT, and product portfolio.
The companies profiled in the report are FUTERRO S.A., NatureWorks LLC, Stratasys Ltd., Synbra Technology bv, Total Corbion PLA, ZHEJIANG HISUN BIOMATERIALS CO., LTD., ColorFabb BV, Fillamentum Manufacturing Czech s.r.o., HATCHBOX 3D, Innofil3D BV, MakerBot Industries, LLC, Polymaker LLC, Shenzhen Esun Industrial Co., Ltd, Torwell Technologies Co., Ltd, and Ultimaker B.V.
Executive Summary
1 Parent Market Analysis: Global 3D Printing Plastics Market
1.1 Assumptions and Limitations
1.1.1 Assumptions
1.1.2 Limitations
1.2 Market Overview

2 Market Dynamics
2.1 Market Drivers
2.1.1 Easily Blendable and Recyclable
2.1.2 Ongoing Quest to Decrease GHG Emissions
2.1.3 Biodegradable, Sustainable, Environment Friendly and Non-Toxic Nature
2.2 Market Restraints
2.2.1 Low Melting Point, Low Permeability, and Brittleness of PLA
2.2.2 Slow Degradation Rate
2.3 Market Opportunities
2.3.1 Acceptance of PLA in Different 3D Printing Application
2.3.2 Promote PLA Compounding to Explore New Opportunities
3 Competitive Landscape
3.1 Key Market Development and Strategies
3.1.1 Product Launches
3.1.2 Partnerships, Collaborations, and Joint Ventures
3.1.3 Business Expansions
3.1.4 Mergers and Acquisitions
3.1.5 Other Key Activities
3.2 Market Share Analysis for PLA Market
3.3 Ranking of Leading PLA Resin Suppliers
4 Industry Analysis
4.1 Supply Chain
4.2 Industry Attractiveness
4.2.1 Threat of New Entrants (High)
4.2.2 Bargaining Power of Buyers (High)
4.2.3 Bargaining Power of Suppliers (Low)
4.2.4 Threat of Substitutes (High)
4.2.5 Intensity of Competition (High)
4.3 Opportunity Matrix Analysis
4.3.1 Opportunity Matrix Analysis (by Region)
4.4 Country Share Analysis
5 Global PLA Market (by User Type), Analysis and Forecast (2017-2028)
5.1 Market Overview
5.2 Industrial
5.3 Hobbyist
5.4 Education
6 Global PLA Market (by Application), Analysis and Forecast (2017-2028)
6.1 Market Overview
6.2 Food Packaging
6.2.1 Food Packaging (by Region), Metric Tons, 2017-2028
6.2.2 Food Packaging (by Region), $Million, 2017-2028
6.3 House Hold Items
6.3.1 House Hold Items (by Region), Metric Tons, 2017-2028
6.3.2 House Hold Items (by Region), $Thousand, 2017-2028
6.4 Healthcare
6.4.1 Healthcare (by Region), Metric Tons, 2017-2028
6.4.2 Healthcare (by Region), $Thousand, 2017-2028
6.5 Automotive
6.5.1 Automotive (by Region), Metric Tons, 2017-2028
6.5.2 Automotive (by Region), $Thousand, 2017-2028
6.6 Others
6.6.1 Others (by Region), Metric Tons, 2017-2028
6.6.2 Others (by Region), $Thousand, 2017-2028
7 Global PLA Market (by Diameter), Analysis and Forecast (2017-2028)
7.1 Market Overview
7.2 1.75 MM
7.3 3 MM or 2.85 MM
8 Global PLA Market (by Region), Analysis and Forecast (2017-2028)
8.1 Market Overview
8.1.1 Global PLA Market (by Region), Metric Tons, 2017-2028
8.1.2 Global PLA Market (by Region), $Million, 2017-2028
8.2 North America
8.2.1 North America PLA Market (by Country)
8.2.1.1 U.S.
8.2.1.1.1 U.S. PLA Market (by Application)
8.2.1.2 Canada
8.2.1.2.1 Canada PLA Market (by Application)
8.2.1.3 Mexico
8.2.1.3.1 Mexico PLA Market (by Application)
8.3 Europe
8.3.1 Europe PLA Market (by Country)
8.3.1.1 Germany
8.3.1.1.1 Germany PLA Market (by Application)
8.3.1.2 Netherlands
8.3.1.2.1 Netherlands PLA Market (by Application)
8.3.1.3 U.K.
8.3.1.3.1 U.K. PLA Market (by Application)
8.3.1.4 Italy
8.3.1.4.1 Italy PLA Market (by Application)
8.3.1.5 France
8.3.1.5.1 France PLA Market (by Application)
8.3.1.6 Rest-of-Europe
8.3.1.6.1 Rest-of-Europe PLA Market (by Application)
8.4 Asia-Pacific
8.4.1 Asia-Pacific PLA Market (by Country)
8.4.1.1 China
8.4.1.1.1 China PLA Market (by Application)
8.4.1.2 Japan
8.4.1.2.1 Japan PLA Market (by Application)
8.4.1.3 South Korea
8.4.1.3.1 South Korea PLA Market (by Application)
8.4.1.4 India
8.4.1.4.1 India PLA Market (by Application)
8.4.1.5 Singapore
8.4.1.5.1 Singapore PLA Market (by Application)
8.4.1.6 Australia and New Zealand
8.4.1.6.1 Australia and New Zealand PLA Market (by Application)
8.4.1.7 Rest-of-Asia-Pacific
8.4.1.7.1 Rest-of-Asia-Pacific PLA Market (by Application)
8.5 Middle East and Africa
8.5.1 Middle East and Africa PLA Market (by Country)
8.5.1.1 Israel
8.5.1.1.1 Israel PLA Market (by Application)
8.5.1.2 U.A.E.
8.5.1.2.1 U.A.E PLA Market (by Application)
8.5.1.3 Saudi Arabia
8.5.1.3.1 Saudi Arabia PLA Market (by Application)
8.5.1.4 South Africa
8.5.1.4.1 South Africa PLA Market (by Application)
8.5.1.5 Rest-of-Middle East and Africa
8.5.1.5.1 Rest-of-Middle East and Africa PLA Market (by Application)
8.6 South America
8.6.1 South America PLA Market (by Country)
8.6.1.1 Brazil
8.6.1.1.1 Brazil PLA Market (by Application)
8.6.1.2 Colombia
8.6.1.2.1 Colombia PLA Market (by Application)
8.6.1.3 Argentina
8.6.1.3.1 Argentina PLA Market (by Application)
8.6.1.4 Chile
8.6.1.4.1 Chile PLA Market (by Application)
8.6.1.5 Rest-of-South America
8.6.1.5.1 Rest-of-South America PLA Market (by Application)
9 Company Profiles
9.1 Overview
Profiles of Filament Producers
9.2 ColorFabb BV
9.2.1 Company Overview
9.2.2 Role of ColorFabb BV in PLA Market
9.2.3 SWOT Analysis
9.3 Fillamentum Manufacturing Czech s.r.o.
9.3.1 Company Overview
9.3.2 Role of Fillamentum Manufacturing Czech s.r.o. in PLA Market
9.3.3 SWOT Analysis
9.4 HATCHBOX 3D
9.4.1 Company Overview
9.4.2 Role of HATCHBOX 3D in PLA Market
9.4.3 SWOT Analysis
9.5 Innofil3D BV
9.5.1 Company Overview
9.5.2 Role of Innofil3D BV in PLA Market
9.5.3 SWOT Analysis
9.6 MakerBot Industries, LLC
9.6.1 Company Overview
9.6.2 Role of MakerBot Industries, LLC in PLA Market
9.6.3 SWOT Analysis
9.7 Polymaker LLC
9.7.1 Company Overview
9.7.2 Role of Polymaker LLC in PLA Market
9.7.3 SWOT Analysis
9.8 Shenzhen Esun Industrial Co., Ltd
9.8.1 Company Overview
9.8.2 Role of Shenzhen Esun Industrial Co., Ltd in PLA Market
9.8.3 SWOT Analysis
9.9 Torwell Technologies Co., Ltd
9.9.1 Company Overview
9.9.2 Role of Torwell Technologies Co., Ltd in PLA Market
9.9.3 SWOT Analysis
9.10 Ultimaker B.V.
9.10.1 Company Overview
9.10.2 Role of Ultimaker B.V. in PLA Market
9.10.3 SWOT Analysis
Profiles of PLA Material Producers
9.11 FUTERRO S.A.
9.11.1 Company Overview
9.11.2 Role of FUTERRO S.A. in PLA Market
9.11.3 SWOT Analysis
9.12 NatureWorks LLC
9.12.1 Company Overview
9.12.2 Role of NatureWorks LLC in PLA Market
9.12.3 SWOT Analysis
9.13 Stratasys Ltd.
9.13.1 Company Overview
9.13.2 Role of Stratasys Ltd. in PLA Market
9.13.3 Financials
9.13.4 Key Insights about Financial Health of the Company
9.13.5 SWOT Analysis
9.14 Synbra Technology bv
9.14.1 Company Overview
9.14.2 Role of Synbra Technology bv in PLA Market
9.14.3 SWOT Analysis
9.15 Total Corbion PLA
9.15.1 Company Overview
9.15.2 Role of Total Corbion PLA in PLA Market
9.15.3 SWOT Analysis
9.16 ZHEJIANG HISUN BIOMATERIALS CO., LTD.
9.16.1 Company Overview
9.16.2 Role of ZHEJIANG HISUN BIOMATERIALS CO., LTD. in PLA Market
9.16.3 SWOT Analysis
9.17 List of Other Key Players in the PLA Market
10 Report Scope & Methodology
10.1 Report Scope
10.2 Global PLA Market Research Methodology
10.2.1 Assumptions
10.2.2 Limitations
10.2.3 Primary Data Sources
10.2.4 Secondary Data Sources
10.2.5 Data Triangulation
10.2.6 Market Estimation and Forecast
List of Tables
Table 1.1: Global 3D Printing Plastics Market (by Type), Metric Tons, 2017-2028
Table 1.2: Global 3D Printing Plastics Market (by Type), $Million, 2017-2028
Table 2.1: Impact Analysis of Drivers
Table 2.2: PLA Filament Blends
Table 2.3: Impact Analysis of Restraints
Table 2.4: Various Applications of PLA and its Blends
Table 3.1: Product Launches (2015-2019)
Table 3.2: Partnerships, Collaborations, and Joint Ventures (2015-2019)
Table 3.3: Key Business Expansion Activities (2015-2019)
Table 3.4: Mergers and Acquisitions (2015-2019)
Table 3.5: Other Key Developments (2015-2019)
Table 4.1: Key factors in Determining “Threat from New Entrants” in PLA Market
Table 4.2: Key Factors in Determining “Bargaining Power of Buyers” in the PLA Market
Table 4.3: Key Factors in Determining “Bargaining Power of Suppliers” in PLA Market
Table 4.4: Analyzing the Threat of Substitutes
Table 4.5: Key Factors in Determining “Rivalry among Existing Firms” in PLA Market
Table 5.1: Global PLA Market (by User Type), Metric Tons, 2017-2028
Table 5.2: Global PLA Market (by User Type), $Million, 2017-2028
Table 6.1: Global PLA Market (by Application), Metric Tons, 2017-2028
Table 6.2: Global PLA Market (by Application), $Million, 2017-2028
Table 6.3: Food Packaging (by Region), Metric Tons, 2017-2028
Table 6.4: Food Packaging (by Region), $Million, 2017-2028
Table 6.5: House Hold Items (by Region), Metric Tons, 2017-2028
Table 6.6: House Hold Items (by Region), $Thousand, 2017-2028
Table 6.7: Healthcare (by Region), Metric Tons, 2017-2028
Table 6.8: Healthcare (by Region), $Thousand, 2017-2028
Table 6.9: Automotive (by Region), Metric Tons, 2017-2028
Table 6.10: Automotive (by Region), $Thousand, 2017-2028
Table 6.11: Others (by Region), Metric Tons, 2017-2028
Table 6.12: Others (by Region), $Thousand, 2017-2028
Table 7.1: Global PLA Market (by Diameter), Metric Tons, 2017-2028
Table 7.2: Global PLA Market (by Diameter), $Million, 2017-2028
Table 8.1: Global PLA Market (by Region), Metric Tons, 2017-2028
Table 8.2: Global PLA Market (by Region), $Million, 2017-2028
Table 8.3: North America PLA Market (by Country), Metric Tons, 2017-2028
Table 8.4: North America PLA Market (by Country), $Million, 2017-2028
Table 8.5: U.S. PLA Market (by Application), Metric Tons, 2017-2028
Table 8.6: U.S. PLA Market (by Application), $Million, 2017-2028
Table 8.7 Canada PLA Market (by Application), Metric Tons, 2017-2028
Table 8.8: Canada PLA Market (by Application), $Thousand, 2017-2028
Table 8.9: Mexico PLA Market (by Application), Metric Tons, 2017-2028
Table 8.10: Mexico PLA Market (by Application), $Thousand, 2017-2028
Table 8.11: Europe PLA Market (by Country), Metric Tons, 2017-2028
Table 8.12: Europe PLA Market (by Country), $Million, 2017-2028
Table 8.13: Germany PLA Market (by Application), Metric Tons, 2017-2028
Table 8.14: Germany PLA Market (by Application), $Thousand, 2017-2028
Table 8.15: Netherlands PLA Market (by Application), Metric Tons, 2017-2028
Table 8.16: Netherlands PLA Market (by Application), $Thousand, 2017-2028
Table 8.17: U.K. PLA Market (by Application), Metric Tons, 2017-2028
Table 8.18: U.K. PLA Market (by Application), $Thousand, 2017-2028
Table 8.19: Italy PLA Market (by Application), Metric Tons, 2017-2028
Table 8.20: Italy PLA Market (by Application), $Thousand, 2017-2028
Table 8.21: France PLA Market (by Application), Metric Tons, 2017-2028
Table 8.22: France PLA Market (by Application), $Thousand, 2017-2028
Table 8.23: Rest-of-Europe PLA Market (by Application), Metric Tons, 2017-2028
Table 8.24: Rest-of-Europe PLA Market (by Application), $Thousand, 2017-2028
Table 8.25: Asia-Pacific PLA Market (by Country), Metric Tons, 2017-2028
Table 8.26: Asia-Pacific PLA Market (by Country), $Thousand, 2017-2028
Table 8.27: China PLA Market (by Application), Metric Tons, 2017-2028
Table 8.28: China PLA Market (by Application), $Thousand, 2017-2028
Table 8.29: Japan PLA Market (by Application), Metric Tons, 2017-2028
Table 8.30: Japan PLA Market (by Application), $Thousand, 2017-2028
Table 8.31: South Korea PLA Market (by Application), Metric Tons, 2017-2028
Table 8.32: South Korea PLA Market (by Application), $Thousand, 2017-2028
Table 8.33: India PLA Market (by Application), Metric Tons, 2017-2028
Table 8.34: India PLA Market (by Application), $Thousand, 2017-2028
Table 8.35: Singapore PLA Market (by Application), Metric Tons, 2017-2028
Table 8.36: Singapore PLA Market (by Application), $Thousand, 2017-2028
Table 8.37: Australia and New Zealand PLA Market (by Application), Metric Tons, 2017-2028
Table 8.38: Australia and New Zealand PLA Market (by Application), $Thousand, 2017-2028
Table 8.39: Rest-of-Asia-Pacific PLA Market (by Application), Metric Tons, 2017-2028
Table 8.40: Rest-of-Asia-Pacific PLA Market (by Application), $Thousand, 2017-2028
Table 8.41: Middle East and Africa PLA Market (by Country), Metric Tons, 2017-2028
Table 8.42: Middle East and Africa PLA Market (by Country), $Thousand, 2017-2028
Table 8.43: Israel PLA Market (by Application), Metric Tons, 2017-2028
Table 8.44: Israel PLA Market (by Application), $Thousand, 2017-2028
Table 8.45: U.A.E PLA Market (by Application), Metric Tons, 2017-2028
Table 8.46: U.A.E. PLA Market (by Application), $Thousand, 2017-2028
Table 8.47: Saudi Arabia PLA Market (by Application), Metric Tons, 2017-2028
Table 8.48: Saudi Arabia PLA Market (by Application), $Thousand, 2017-2028
Table 8.49: South Africa PLA Market (by Application), Metric Tons, 2017-2028
Table 8.50: South Africa PLA Market (by Application), $Thousand, 2017-2028
Table 8.51: Rest-of-Middle East and Africa PLA Market (by Application), Metric Tons, 2017-2028
Table 8.52: Rest-of-Middle East and Africa PLA Market (by Application), $Thousand, 2017-2028
Table 8.53: South America PLA Market (by Country), Metric Tons, 2017-2028
Table 8.54: South America PLA Market (by Country), $Thousand, 2017-2028
Table 8.55: Brazil PLA Market (by Application), Metric Tons, 2017-2028
Table 8.56: Brazil PLA Market (by Application), $Thousand, 2017-2028
Table 8.57: Colombia PLA Market (by Application), Metric Tons, 2017-2028
Table 8.58: Colombia PLA Market (by Application), $Thousand, 2017-2028
Table 8.59: Argentina PLA Market (by Application), Metric Tons, 2017-2028
Table 8.60: Argentina PLA Market (by Application), $Thousand, 2017-2028
Table 8.61: Chile PLA Market (by Application), Metric Tons, 2017-2028
Table 8.62: Chile PLA Market (by Application), $Thousand, 2017-2028
Table 8.63: Rest-of-South America PLA Market (by Application), Metric Tons, 2017-2028
Table 8.64: Rest-of-South America PLA Market (by Application), $Thousand, 2017-2028
Table 9.1: List of Key PLA Resin and Filament Manufacturers
List of Figures
Figure 1: Global PLA Market Overview, 2017-2028
Figure 2: Global PLA Market Snapshot, 2017-2028
Figure 3: Global PLA Market (by User Type), 2017, 2018, and 2028
Figure 4: Global PLA Market Attractiveness Analysis (by Application)
Figure 5: Global PLA Market (by Diameter), $Million, 2017, 2018, & 2028
Figure 6: Global PLA Market (by Region), 2017
Figure 1.1: Global 3D Printing Plastics Market (by Type)
Figure 1.2: Global 3D Printing Plastics Market (by Type), 2017 and 2028
Figure 1.3: Research Focus
Figure 2.1: Market Dynamics: Global PLA Market
Figure 2.2: A Comparison of Requirement of Fossil Energy Between Petroleum-Based Polymer and PLA
Figure 3.1: Share of Key Market Strategies and Developments, 2015-2019
Figure 3.2: Global PLA Market Share Analysis 2017
Figure 4.1: Global PLA Market Supply Chain
Figure 4.2: Porters Five Forces Analysis
Figure 4.3: Global PLA Market Opportunity Matrix (by Region), $Million, 2018-2028
Figure 4.4: Country Share Analysis of Global PLA Market, 2017
Figure 5.1: Global PLA Market (by User Type Industries)
Figure 5.2: Global PLA Market (by User Type), Metric Tons, 2017, 2018 and 2028
Figure 5.3: Global PLA Market (by User Type), $Million, 2017, 2018 and 2028
Figure 5.4: Industrial in Global PLA Market (by User Type), $Million and Kilotons, 2017-2028
Figure 5.5: Hobbyist in Global PLA Market (by User Type), $Million and Metric Tons, 2017-2028
Figure 5.6: Education in Global PLA Market (by User Type), $Million and Metric Tons, 2017-2028
Figure 6.1: Global PLA Market (by Application)
Figure 6.2: Food Packaging in Global PLA Market (by Application), $Million and Metric Tons, 2017-2028
Figure 6.3: House Hold Items in Global PLA Market (by Application), $Million and Metric Tons, 2017-2028
Figure 6.4: Healthcare in Global PLA Market, $Million and Metric Tons, 2017-2028,
Figure 6.5: Automotive in Global PLA Market (by Application), $Million and Metric Tons, 2017-2028,
Figure 6.6: Others in Global PLA Market (by Application), $Million and Metric Tons, 2017-2028,
Figure 7.1: Global PLA Market (by Diameter)
Figure 7.2: Global PLA Market (by Diameter), Metric Tons, 2017, 2018 and 2028
Figure 7.3: Global PLA Market (by Diameter), $Million, 2017, 2018 and 2028
Figure 7.4: 1.75 MM in Global PLA Market (by Diameter), $Million and Metric Tons, 2017-2028
Figure 7.5: 3 MM or 2.85 MM in Global PLA Market (by Diameter), $Million and Metric Tons, 2017-2028
Figure 8.1: Global PLA Market – Regional Segmentation
Figure 8.2: Global PLA Market (by Region), 2017 and 2028
Figure 8.3: North America PLA Market (by Country), Metric Tons, 2017, 2018 and 2028
Figure 8.4: North America PLA Market (by Country), $Million, 2017, 2018 and 2028
Figure 8.5: U.S. PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.6: Canada PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.7: Mexico PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.8: Europe PLA Market (by Country), Metric Tons, 2017, 2018 and 2028
Figure 8.9: Europe PLA Market (by Country), $Million, 2017, 2018 and 2028
Figure 8.10: Germany PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.11: Netherlands PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.12: U.K. PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.13: Italy PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.14: France PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.15: Rest-of-Europe PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.16: Asia-Pacific PLA Market (by Country), Metric Tons, 2017, 2018 and 2028
Figure 8.17: Asia-Pacific PLA Market (by Country), $Thousand, 2017, 2018 and 2028
Figure 8.18: China PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.19: Japan PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.20: South Korea PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.21: India PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.22: Singapore PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.23: Australia and New Zealand PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.24: Rest-of-Asia-Pacific PLA Market, $Million and Metric Tons, 2017-2028
Figure 8.25: Middle East and Africa PLA Market (by Country), Metric Tons, 2017, 2018 and 2028
Figure 8.26: Middle East and Africa PLA Market (by Country), $Thousand, 2017, 2018 and 2028
Figure 8.27: Israel PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.28: U.A.E PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.29: Saudi Arabia PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.30: South Africa PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.31: Rest-of-Middle East and Africa PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.32: South America PLA Market (by Country), Metric Tons, 2017, 2018 and 2028
Figure 8.33: South America PLA Market (by Country), $Thousand, 2017, 2018 and 2028
Figure 8.34: Brazil PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.35: Colombia PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.36: Argentina PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.37: Chile PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 8.38: Rest-of-South America PLA Market, $Thousand and Metric Tons, 2017-2028
Figure 9.1: Share of Key Companies (by Ownership Type)
Figure 9.2: ColorFabb BV: Overall Product Portfolio
Figure 9.3: ColorFabb BV: SWOT Analysis
Figure 9.4: Fillamentum Manufacturing Czech s.r.o.: Overall product portfolio
Figure 9.5: Fillamentum Manufacturing Czech s.r.o.: SWOT Analysis
Figure 9.6: HATCHBOX 3D: Overall product portfolio
Figure 9.7: HATCHBOX 3D: SWOT Analysis
Figure 9.8: Innofil3D BV: Overall product portfolio
Figure 9.9: Innofil3D BV: SWOT Analysis
Figure 9.10: MakerBot Industries, LLC: Overall product portfolio
Figure 9.11: MakerBot Industries, LLC: SWOT Analysis
Figure 9.12: Polymaker LLC: Overall product portfolio
Figure 9.13: Polymaker LLC: SWOT Analysis
Figure 9.14: Shenzhen Esun Industrial Co., Ltd: Overall Product Portfolio
Figure 9.15: Shenzhen Esun Industrial Co., Ltd: SWOT Analysis
Figure 9.16: Torwell Technologies Co., Ltd: Overall product portfolio
Figure 9.17: Torwell Technologies Co., Ltd: SWOT Analysis
Figure 9.18: Ultimaker B.V.: Overall product portfolio
Figure 9.19: Ultimaker B.V.: SWOT Analysis
Figure 9.20: FUTERRO S.A.: Overall product portfolio
Figure 9.21: FUTERRO S.A.: SWOT Analysis
Figure 9.22: NatureWorks LLC: Overall product portfolio
Figure 9.23: NatureWorks LLC: SWOT Analysis
Figure 9.24: Stratasys Ltd.: Product Portfolio for PLA Market
Figure 9.25: Stratasys Ltd.: Overall Financials, 2016-2018
Figure 9.26: Stratasys Ltd.: Net Revenue (by Region), 2016-2018
Figure 9.27: Stratasys Ltd.: Net Revenue by Business Segment, 2016-2018
Figure 9.28: Stratasys Ltd.: R&D Expenditure, 2016-2018
Figure 9.29: Stratasys Ltd.: SWOT Analysis
Figure 9.30: Synbra Technology bv: Overall product portfolio
Figure 9.31: Synbra Technology bv: SWOT Analysis
Figure 9.32: Total Corbion PLA: Overall product portfolio
Figure 9.33: Total Corbion PLA: SWOT Analysis
Figure 9.34: ZHEJIANG HISUN BIOMATERIALS CO.,LTD.: Overall Product Portfolio
Figure 9.35: ZHEJIANG HISUN BIOMATERIALS CO., LTD.: SWOT Analysis
Figure 10.1: Global PLA Market Coverage
Figure 10.2: Segmentations for Market Estimation in the Global PLA Market
Figure 10.3: Report Design
Figure 10.4: Primary Interviews (by Player, Designation, and Region)
Figure 10.5: Data Triangulation
Figure 10.6: Top-Down & Bottom-Up Approach
The introduction of 3D printing has added a new dimension to the manufacturing industry by increasing the efficiency of the manufacturing process. The advancement in the 3D printing industry has provided high growth opportunities for 3D printing services, printers, consulting service providers, and the materials used in the 3D printing process. The investment in the 3D printing market has grown extensively and will continue to grow in the near future, leveraging the advantages of an increasing demand for, and competitive research conducted internationally on, energy-efficient and fast manufacturing processes. The rapid prototyping has specifically increased the demand for various 3D printing plastic materials.
PLA is the most widely used 3D printing plastic filament across the globe. PLA is considered the easiest 3D printing material to work with. The plastic material requires minimal energy to process and its bio-based nature assures its high utilization in the coming future. It is used in the resin form or in the filament form in the fused deposition modeling (FDM) process. One of the major driving factors for the global PLA market is that it is bio-based, i.e. made from renewable resources. The depletion of fossil fuel reserves raises concerns regarding climate change and increased carbon footprint. These factors are acting as a major push and pull factor behind the acceptance of bio-based materials such as PLA. Governments have been spending heavily on research and development to find a sustainable, environment-friendly packaging alternative. The use of PLA is predominant in the packaging industry. Some of the most common applications of PLA include plastic films, bottles, and biodegradable medical devices. Apart from all these, it is used in disposable garments, trays, and as fillers in upholstery due to its environment- friendly chemical profile. It is also widely being used in the healthcare industry, majorly in the production of sutures and stents via 3D printing process. The increasing popularity of 3D printing technology is expected to enhance the demand for PLA material which is further anticipated to cater to many other application areas apart from the existing ones.
In terms of value, the global PLA market for 3D printing is expected to grow at a CAGR of 19.30% during the forecast period 2018-2028. The high growth of PLA is attributable to its bio-based origin and ease of use coupled with added functionalities over other 3D printing materials. Huge investment by governments and federal agencies to promote bio-based plastic materials is further propeling the growth of PLA material across multiple end-user industries.
Key application area that contribute to the global PLA market include food packaging, healthcare, household items, and automotive, among others. In terms of application type, food packaging is acquiring the largest market size in the current scenario. The major reason for the adoption of PLA in the packaging industry is due to the increased consumer awareness regarding the need to reduce dependency of fossil fuel reserves. Food and Drug Administration (FDA) has also approved PLA as Generally Recognized as Safe (GRAS) material which facilitates its usage in beverage and food packaging.
In terms of user type, the industrial segment is expected to witness the fastest growth in the global PLA market for 3D printing as this material not only adds more flexibility to the product but also aids in enhancing the efficiency of the production process. It is used in industries at a large scale, which has led to reduced capital costs. Additionally, with the incorporation of trends such as Internet of Things in industries that aid digitalization of the manufacturing process, greater adoptability of 3D printing technology can be achieved.
The key players operating in this market have increased their product launch activities over the recent years to generate public awareness about their existing and new products and technologies and to compete with the competitors’ product portfolio. Driven by the rapid evolution of the 3D printing technology, there has been a swift growth in the research and development activities by several important players in this market, leading to an increase in the number of business expansions over the last four years.
Some of the key players operating in the PLA market include ColorFabb BV, Fillamentum Manufacturing Czech s.r.o., HATCHBOX 3D, Innofil3D BV, MakerBot Industries, LLC, Polymaker LLC, Shenzhen Esun Industrial Co., Ltd, Torwell Technologies Co., Ltd, Ultimaker B.V., FUTERRO S.A., NatureWorks LLC, Stratasys Ltd., Synbra Technology bv, Total Corbion PLA, and ZHEJIANG HISUN BIOMATERIALS CO., LTD.
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
France
Netherlands
U.K.
Rest-of-Europe
Asia-Pacific
China
Japan
South Korea
India
Singapore
Australia and New Zealand
Rest-of-Asia-Pacific
Middle East and Africa
Israel
U.A.E.
Saudi Arabia
South Africa
Rest-of-Middle East and Africa
South America
Brazil
Colombia
Argentina
Chile
Rest-of-South America
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According to a new market intelligence report by BIS Research, titled ‘Global Polylactic Acid for 3D Printing Market - Analysis and Forecast, 2018-2028’, the market is expected to reach $504.7 million by 2028 at a CAGR of 19.30% by value during the forecast period.
The increasing demand from varied end-use applications and extensive R&D towards the development of innovative materials for 3D printing are some of the factors driving the growth of PLA material. The PLA market for 3D printing is expected to grow at a significant rate during the forecast period (2018-2028) owing to its bio-based nature and good shelf life. The material not only provides high strength and dimensional accuracy but is also a low-cost material that makes it a much-opted plastic material for prototyping of products. PLA is available in multiple aesthetically pleasing colours and unique blends which facilitates its usage in different application areas. The high demand for PLA by both beginners and professionals in the 3D printing industry vouch for its vast consumption. Industrial advancements, extensive investments for dedicated R&D facilities, and development of 3D printing-based products are some of the major drivers that are further expected to propel the growth of the market across all regions.
According to Arpit Benjwal, Lead Analyst at BIS Research, “Food packaging industry currently dominates the global PLA market for 3D printing. This is primarily due to the increasing usage and demand for non-toxic, bio-based, and bio-degradable plastic material. The major reason for the adoption of PLA in the packaging industry is due to the increased consumer awareness regarding the need to reduce dependency on fossil fuel reserves. Food and Drug Administration (FDA) has also approved PLA as a Generally Recognized as Safe (GRAS) material which facilitates its usage in beverage and food packaging.”
According to Relansi Gupta, Research Associate at BIS Research, “Asia-Pacific region is expected to witness the fastest growth in the global PLA market for 3D printing. The PLA market in Asia-Pacific is expected to grow at the fastest CAGR of 20.40% in terms of value during the forecast period (2018-2028) as compared to the other regions. This potential growth is supported by an extensive industrial base, encouraging government policies, and financial support in research and development offered in the region. China and Japan are notable in terms of initiatives taken by government and rapid growth in the PLA market.
Some of the key players operating in the PLA market for 3D printing include FUTERRO S.A., NatureWorks LLC, Synbra Technology bv, Total Corbion PLA, and ZHEJIANG HISUN BIOMATERIALS CO.,LTD.
The key players operating in this market have increased their new product launches over the recent years to generate public awareness about their existing as well as new products and technologies to compete with the competitors’ product portfolio. Driven by the rapid evolution of the 3D printing technology, there has been a swift growth in the research and development activities by many important players in this market, leading to an increase in the number of business expansions over the last four years.
This report is a meticulous compilation of research on more than 100 players in the PLA market for 3D printing and draws upon the insights from in-depth interviews with the key opinion leaders of more than 50 leading companies, market participants, and vendors. The report also profiles approximately 15 companies including supplier and customer profiles.
• What is the global polylactic acid (PLA) market size in terms of value and volume from 2017-2028, and what are the year-on-year growth rates and the CAGR from 2018 to 2028?
• What are the different user types that use PLA and their growth pattern in terms of value and volume for the forecast period?
• What are the major end-user industries for global PLA for 3D printing market in terms of revenue generation and consumption across different regions and countries?
• What is the consumption pattern of PLA for 3D printing market in different diameter range?
• Which are the major regions and countries that provide growth opportunities for the PLA market?
• What is the competitive strength of the key players in the PLA market on the basis of their recent developments, product offerings, and regional presence?
• Who are the key players (with their detailed analysis and profiles including their financials, company snapshots, key products and services, and SWOT analysis) in the market?
ColorFabb BV
Fillamentum Manufacturing Czech s.r.o.
HATCHBOX 3D
Innofil3D BV
MakerBot Industries, LLC
Polymaker LLC
Shenzhen Esun Industrial Co., Ltd
Torwell Technologies Co., Ltd
Ultimaker B.V.
FUTERRO S.A.
NatureWorks LLC
Stratasys Ltd.
Synbra Technology bv
Total Corbion PLA
ZHEJIANG HISUN BIOMATERIALS CO., LTD.
Global Polylactic Acid (PLA) Market for 3D Printing Anticipated to Reach $504.7 Million by 2028, BIS Research Report